Real Options Analysis: Tools and Techniques for Valuing Strategic Investment and Decisions, 2nd Edition

'Mun demystifies real options analysis and delivers a powerful, pragmatic guide for decision-makers and practitioners alike. Finally, there is a book that equips professionals to easily recognize, value, and seize real options in the world around them' - Jim Schreckengast, Senior VP, R&D Strategy, Gemplus International SA, France. Completely revised and updated to meet the challenges of today's dynamic business environment, "Real Options Analysis, Second Edition" offers you a fresh look at evaluating capital investment strategies by taking the strategic decision-making process into consideration. This comprehensive guide provides both a qualitative and quantitative description of real options; the methods used in solving real options; why and when they are used; and the applicability of these methods in decision making.